Looking to diversify beyond MAFRX? The mutual funds below have historically moved differently from MAFRX, which may reduce portfolio volatility when combined in a suitable allocation. The stock ideas table highlights individual companies with the same low-correlation characteristics. Correlation can change and does not guarantee that one asset will rise when another falls.
Best Diversifiers for MAFRX
20 mutual funds have low correlation with MAFRX (below 0.3), 1 of which are negatively correlated. The least correlated is DFA One Year Fixed Income Portfolio (DFIHX) (Ultrashort Bond) with a 1Y correlation of -0.00, roughly unchanged from 0.02 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| DFA One Year Fixed Income Portfolio | -0.00 | 0.01 | 0.02 | 100 | Ultrashort Bond | MAFRX vs DFIHX | |
| Tactical Multi-Purpose Fund | 0.00 | 0.00 | 0.01 | 100 | Ultrashort Bond | MAFRX vs TMPFX | |
| SEI Institutional Investments Trust Opportunistic ... | 0.02 | 0.13 | 0.25 | 100 | Ultrashort Bond | MAFRX vs ENIAX | |
| Victory Global Energy Transition Fund | 0.03 | 0.02 | 0.08 | 96 | Energy Equities | MAFRX vs RSNRX | |
| CrossingBridge Ultra-Short Duration Fund | 0.03 | 0.07 | 0.11 | 99 | Ultrashort Bond | MAFRX vs CBUDX |
To view more results, upgrade your current subscription plan.
Build a portfolio that complements MAFRX
Add MAFRX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.
Analyze a portfolio with MAFRX